Using option strategy concepts, what is the value of an insured home, if the value of the uninsured home is $220,000, the house was purchased for $180,000 and the house has a casualty policy costing $500 with a $2,000 deductible?
Ignore interest costs.
A) $180,000
B) $217,500
C) $220,000
D) $222,500
B
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According to the Foreign Corrupt Practices Act of 1977 (FCPA), companies that have securities listed on U.S. markets must make and keep financial records that accurately and fairly reflect the transactions of the company and design and maintain an adequate system of internal accounting controls
a. True b. False Indicate whether the statement is true or false
Under strict liability, a defendant can be guilty of a crime regardless of his or her state of mind
a. True b. False Indicate whether the statement is true or false
Lauren owns a 1967 Ford Mustang, which Mike customizes and details to Lauren's specifications. The car earns several awards at regional vehicle customizing competition shows. The result of Mike's efforts is? A) accession
B) acquisition. C) conversion. D) a bailment.
Brookings Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes.??Fixed Element per MonthVariable Element per Well Serviced?Revenue?$4,500?Employee salaries and wages$48,100$1,000?Servicing materials?$600?Other expenses$38,700?When the company prepared its planning budget at the beginning of August, it assumed that 34 wells would have been serviced.Required:Prepare the company's planning budget for August.
What will be an ideal response?